Notice of Layoff or Pay in Lieu Sample Clauses

The Notice of Layoff or Pay in Lieu clause establishes the employer's obligation to provide advance notice to employees before a layoff or, alternatively, to compensate them with pay instead of notice. In practice, this means that if an employer needs to terminate an employee due to a layoff, they must either inform the employee a specified number of days in advance or pay them an equivalent amount of wages for that notice period. This clause ensures that employees are not left without warning or immediate income, thereby providing financial protection and time to seek new employment.
Notice of Layoff or Pay in Lieu. In addition to the severance pay referred to in this Article, an eligible Employee shall be entitled to notice of layoff or pay in lieu of such notice.
Notice of Layoff or Pay in Lieu. (1) The Company shall not lay off an employee without giving the employee, in writing, at least (a) Two (2) weeks notice where the employee has completed a period of employment of at least six (6) consecutive months. (b) After completion of employment of three (3) consecutive years, one additional weeks notice and for each subsequent completed year of employment, an additional week's notice up to a maximum of eight (8) weeks notice.
Notice of Layoff or Pay in Lieu. A regular employee who is laid off will receive two (2) weeks written notice of layoff or pay in lieu of such notice.

Related to Notice of Layoff or Pay in Lieu

  • Notice of Layoff The Employer shall notify an employee who is to be laid off at least fourteen (14) calendar days prior to the effective date of the layoff or provide payment for their scheduled days of work during the fourteen (14) day notice period.

  • Notice of Lay-off All regular employees shall be given in writing the following notice of lay-off or salary in lieu of notice: a) Two (2) weeks' notice where the employee has been employed less than three (3) years. b) After the completion of a period of employment of three (3) consecutive years, one (1) additional weeks’ notice, and for each subsequent completed year of employment, an additional week's notice up to a maximum of eight (8) weeks' notice. c) In the event of office closure, Article 14.04(b) will apply. (This shall not apply to temporary job sites.) The period of notice shall not coincide with an employee's annual vacation.

  • Advance Notice of Layoff Unless legislation is more favourable to the Employees, the Employer shall notify Employees who are laid off with a written notice thirty (30) calendar days prior to the effective date of layoff. If the Employee has not had the opportunity to work the days as provided in this Article, they shall be paid for the days for which work was not made available.

  • Notice of Delay 12.1. When anything delays or threatens to delay the timely performance of the Purchase Order, Supplier must immediately provide written notice to Buyer in writing of all relevant information, including but not limited to the reasons for the potential delay and Supplier’s short-term and long-term mitigation actions.

  • Notice of Conversion/Continuation a Notice of Conversion/Continuation to be provided by Borrower Agent to request a conversion or continuation of any Loans as LIBOR Loans, in form satisfactory to Agent.